Liberate RVA

The True Function and History of Regulations

By Liberate RVA Updates On Thursday, February 26th, 2015 · Add Comment

“How do you combat the claim that without government there would be no regulation and companies would have people working for slave wages, long hours, etc?”

Your question assumes a few things, which must be addressed; that regulations function to protect workers, the existence of “slave wages” for those willing to work for them, and the historical reason regulations exist at all. Regulations protect no one other than the special interest groups who already have political ties to “government”. Through regulatory capture they are able to not only remain practically immune from the regulatory agency. This is known as sovereign immunity of the corporation. Moreover they are also able to virtually write the laws themselves to ensure their continued benefit from them in terms of squashing [...]

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The True Function and History of Regulations

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